Items Tagged with 'President Barack Obama'


  • Exclusive with former HUD Secretary Julián Castro: Trump budget will create more homeless veterans

    Castro gets candid: "There's no vision here"
    Julián Castro served as secretary of the U.S. Department of Housing and Urban Development from 2014 to 2017 under former President Barack Obama. In an exclusive interview with HousingWire, Castro explains his concerns with the proposed $6.2 billion in budget cuts to HUD. In his words, "There’s no vision here. It’s almost like a cartoon cutout of an ideologue’s conception of the budget." From homeless veterans to small towns, these are the areas he says will be the hardest hit.
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  • Sen. Warren calls for Obama to oust SEC chair

    "The only way to return the SEC to its intended purpose is to change its leadership"
    In the eyes of Sen. Elizabeth Warren, D-Mass, the chair of the Securities and Exchange Commission does not do nearly enough to prevent the “flood” of money flowing from corporations into the election process and repeatedly “undermined” the SEC’s mission to protect investors, and therefore needs to replaced immediately.
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  • It's official: Obama signs bill limiting Fannie, Freddie CEO pay

    Bill received unanimous support in House, Senate
    In what has become a complete and total rebuke of an effort put forth by Federal Housing Finance Agency Director Mel Watt to award $3 million raises to the CEOs of Fannie Mae and Freddie Mac, President Obama signed into a law a bill that caps the salaries of Fannie Mae CEO Timothy Mayopoulos and Freddie Mac CEO Donald Layton.
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  • Donald Trump accuses Obama, Yellen of conspiring to keep interest rates low

    Republican presidential candidate says Fed told not raise rates
    Every time Republican presidential candidate Donald Trump addresses a crowd, either in a debate, in a one-on-one with the media or at a campaign event, it’s more likely than not that he’s going to say something that creates a buzz. And Tuesday was no different, although this time, Trump went well beyond commenting on Carly Fiorina’s looks or getting into it with Jeb Bush about 9/11.
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  • Sen. Warren believes Obama’s trade deal could lead to Dodd-Frank repeals

    Fights back against Trans-Pacific Partnership and “fast track” authority
    In an uncharacteristic bit of Democratic Party in-fighting, Sen. Elizabeth Warren is loudly fighting back against a massive trade deal being pushed by President Obama because she is worried that one of the trade deal’s provisions could lead to future attacks against the Dodd-Frank Act.
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  • What immigration reform means for housing

    Growth potential among immigrants is substantial
    With the recent announcement of President Obama’s Executive Order on immigration reform, responses from both sides of the political spectrum have been mixed. However, the reform can be expected to spur new opportunities for growth in the housing market.
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  • Julián Castro sworn in, spends first day as HUD Secretary

    Former San Antonio mayor takes over for Shaun Donovan
    "Julián has lived the American Dream in his own life, and I’m confident he will help Americans across our country seize their own piece of that dream for themselves and their children," President Barack Obama said when Castro was confirmed by the Senate earlier this month.
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  • Happy 4th birthday Dodd-Frank! Everyone hates you

    How effective has Dodd-Frank really been?
    "As a Davis Polk & Wardwell LLP progress report on the legislation indicates, the deadlines for 280 rulemaking requirements have passed, as of July 18," analysts from SNL Financial write in a new report. “Of those, 127 deadlines were missed. Of the 398 total required rulemakings contained in the bill, 96 have yet to be proposed."
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